LOCAL STOCK MARKET |
PhillipMart(Grey Market) PhillipMart is the first trading platform licensed by the Securities and Futures Commission (SFC) to provide trading of pre-IPO shares prior to their official listing on the SEHK. Its trading hours from 4:15pm to 6:30pm one business day prior to the official listing date of the new shares. For Half trading day, the trading hour of Phillipmart is from 2:15 p.m to 4:30 p.m. |
Brokerage |
Buy-side: Minimum 0.05% of Transaction Amount / HKD 10* New promotion: Customers who apply our IPO service (whether there is allocated shares or not), the commission rate of the first HK$ 500,000 transaction amount is HK$ 0.**Detail Sell-side: Day Trade (sell share quantity < buy share quantity in Grey Market) : Minimum 0.05% of Transaction Amount / HKD10*
General Transaction 0.25% of Transaction Amount (Min. HKD 100, whichever higher)
Fee Table for PhillipMart Period
Buy side commission: |
Sell side commission: |
Applicable if the transaction stock the same to the IPO client applied for ** |
Other |
PhillipMart Day Trade |
Other |
First HK$ 500,000 Purchase Amount |
Remain Balance |
HK$ 0 |
0.05% /minimum HK$ 0 |
0.05% /minimum HK$ 10 |
0.05% / minimum HK$ 10 |
Standard commission rate for local HK stock |
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* Day Trade refers to sell orders that offset your buy order on the same day via Phillipmart; sell share quantity < buy share quantity in Grey Market. Transactions which enjoy special offer are calculated separately with general transaction fee.
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Hong Kong Shares |
Exchange Traded Funds(ETF) |
Brokerage |
Exchange Traded Funds(ETF) For online trading and E-statement clients only: $0 commission charge* on buy trades of up to $15000 (after amalgamation) per day; trades above $15000 will follow the charges as below: 0.08% of Transaction Amount (No Minimum Charge) Day Trade: 0.05% of Transaction Amount (No Minimum Charge)
List of Exchange Traded Fund(ETF) entitled to the above commission rates
General transaction 0.25% of Transaction Amount (Min. HKD 100, whichever higher)
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Stamp Duty |
None |
Transaction Levy |
0.0027% of Transaction Amount |
Transaction Fee |
0.005% of Transaction Amount |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
Warrant and CBBC |
Brokerage |
Warrant and CBBC Day Trade Offer: 0.03% of transaction amount(Min. HKD 15) Non Day Trade: Minimum charge for. HKD 15. 0.05% after first HKD 50,000 transaction amount
Note:Day trade offer applies to on-line transaction for same Warrant / CBBC in a same day
|
Stamp Duty |
None |
Transaction Levy |
0.0027% of Transaction Amount |
Transaction Fee |
0.005% of Transaction Amount |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
Transaction of other securities |
Brokerage |
Transaction of other securities 0.25% of transaction amount (minimum HKD 100)
|
Stamp Duty |
HKD 1 per HKD 1,000 Transaction Amount |
Transaction Levy |
0.0027% of Transaction Amount |
Transaction Fee |
0.005% of Transaction Amount |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
*Effective from 19 October 2020
Footnote:Buy and Sell the same new shares (and sell share quantity < buy share quantity) during the trading hours is defined as DAY TRADE.
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(Shanghai-Hong Kong Stock Connect/Shenzhen-Hong Kong Connect)## |
Brokerage (Online Trading)^ |
Minimum Commission of CNY 5 per trade 0.05% for Transaction Amount below or equal to CNY 100,000 0.03% for Transaction Amount above CNY 100,000 Click Here for Details |
Brokerage (Offline Trading) |
0.25% of Transaction Amount (Min CNY 100) |
Handling Fee |
0.00487% of the consideration of a transaction per side |
Management Fee |
0.002% of the consideration of a transaction per side |
Transfer Fee (ChinaClear) |
0.002% of the consideration of a transaction per side |
Transfer Fee (CCASS) |
0.002% of the consideration of a transaction per side
(Waived 50% of the fee until 12 August 2016)
|
Stamp Duty |
0.1% of the consideration of a transaction on the seller |
Portfolio Fee |
Daily stock portfolio value x 0.008% / 365 (Accrued daily and collected on a monthly basis ) |
Margin Interest Rate |
6.5% p.a. |
## Fees are charged in CNY and will be settled in CNY. ^For online trading and E-statement clients only
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OVERSEAS STOCK MARKETS |
AMERICAS |
U.S. Shares |
Brokerage |
NYSE NASDAQ |
[Effective from 16 November 2020 (trade date)]
ZERO Commission for US Stock *Applicable to Eligible Online Buy Orders only, please refer to the link $0 Commission for Trades with Transaction Amount below USD 1500
US Stock Prepaid Promotion *Applicable to Eligible Online Buy Orders only, please refer to the link Buy Order will be charged at a maximum of USD 5
General transaction ( Electronic Trading Platforms ) 0.068% of Transaction Amount or Minimum commission USD1 per order |
( Phone Dealing ) 0.25% of Transaction Amount ( Below USD15,000 ) 0.20% of Transaction Amount ( Equal or above USD15,000 ) or Minimum commission USD20 per order
Trade Amalgamation applies to US Orders |
OTC Markets |
0.25% of Transaction Amount, Number of Transacted shares x USD 0.015 or Minimum commission USD20 per order, whichever is higher.
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SEC Fees |
NYSE NASDAQ OTC Bulletin Board, OTC |
Rate subject to change irreggularly per calendar year based on US SEC policy. Minimum USD0.01 ( No maximum limit ) Applicable per SELL trade only |
Clearing Fees |
NSCC / DTC |
USD 0.0030 per Share |
|
Transaction Activity Fee |
FINRA |
USD 0.000119 per Share Applicable to Sell Order only |
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non DTC eligible Stock clearing Fees |
OTC Bulletin Board, OTC |
Calculation is based on the different types of OTC stocks; Maximum amount is USD75 per trade. The chargable fees may exceed the order consideration. |
ADRs Fee |
USD 0.01 - 0.05 (Per share per book close collected by the ADR issuers) |
Custody Fee |
Free |
Canada Shares |
Brokerage |
|
(Electronic Trading Platforms) 0.36% of Transaction Amount or Minimum commission CAD 30 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade.
(Phone Dealing)
0.38% of Transaction Amount or Minimum commission CAD 37 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade.
|
Custody Fee |
Free |
PAN-EUROPEAN REGION & MIDDLE EAST |
ASIA PACIFIC & SOUTH ASIA REGIONS |
Singapore Shares |
Brokerage |
0.35% per transaction less than or equal to 30,000 0.28% per transaction greater than 30,000 ( Min. SGD33 or USD23 or HKD150 ), whichever higher |
Clearing Fee |
0.0325% of Transaction Amount ( Unlimited ) |
Trading Fee |
0.0075% of Transaction Amount |
On-Exchange Transactions - Broker-Custodian Settlement Fee* |
SGD 0.35/ USD 0.26/ EUR 0.32/ HKD 2.00/ AUD 0.36 (depending on denominated currency) per Settlement Instruction |
On-Exchange Transactions - Custodian-Custodian Settlement Fee(when involves additional custodian)* |
SGD 30 per Settlement Instruction |
Off-exchange transactions - Settlement Fee (other than Debt Securities)* |
0.015% of Settlement Amount, minimum of SGD 75 per Settlement Instruction |
Off-exchange transactions - Settlement Fee (Debt Securities)* |
SGD 5 per Settlement Instruction |
Custody Fee |
Free |
Guarantee Fee for Delivery-versus-payment (DVP) Orders* |
1.00 by denominated trade currency per Settlement Instruction(Only applied to DVP orders) |
Goods and Services Tax (GST)(for Singapore Person) |
Subject to Inland Revenue Authority of Singapore(IRAS) Announcement |
*Effective on 01 Feb 2019
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Australia Shares |
Brokerage |
0.38% of Transaction Amount (Min. AUD35, whichever higher) |
Custody Fee |
0.05% p.a. Australia stock portfolio value x 0.05% / 12 (Minimum Fees AUD 1.0 ; payable end of each month )
*Australia Stock Custody Fee will be effective on 1st May 2020
|
Japan Shares |
Brokerage |
New Online Brokerage (effective on 8 February 2021) JPY 0 (Purchase Transaction Amount less than or equal to JPY 150,000 ) 0.068% of Transaction Amount . Min. JPY 100 (Over JPY 150,000) 0.068% of of Sell Transaction. Min. JPY 100 (for any amount) |
Platform Maintenance Fee |
JPY 0.3 per share (Regardless any online transaction. Whenever the amount calculated includes a fraction of JPY1, round-up the fraction to the nearest JPY1) |
Brokerage |
(Phone Order) 0.20% of Transaction Amount Min. JPY 990 whichever higher 0.50% of Transaction Amount ( less than or equal to JPY 1,000,000 ) 0.40% of Transaction Amount ( Over JPY 1,000,000 ) Min. JPY3,000 whichever higher |
Odd-lot shares Additional transaction handling fee |
Trading Japan odd-lot shares requires for an additional item of transaction handling fee. For more details, please contact Foreign Stock Department (852) 2277 6678. |
Custody Fee |
Free |
Thailand Shares |
Brokerage |
0.40% of Transaction Amount (Min. THB700, whichever higher) |
VAT Fee & Other Transaction Fees |
7.0% of Brokerage amount as above |
Custody Fee |
Free |
South Korea Shares |
Brokerage |
0.35% of Transaction Amount (Min. KRW20,000 whichever higher ) |
Sales Tax |
0.23% of Transaction Amount
[SELL side only. Effective 29 Dec 2020 (Trade Date), previously 0.25%]
|
Custody Fee |
Free |
China Shanghai B Shares (Trading Currency:USD) |
Brokerage |
0.30% of Transaction Amount (Min. USD30 ) |
Stamp Duty |
0.1% of Transaction Amount (SELL trade only) |
Levy |
0.00487% of Transaction Amount |
Settlement Fee |
0.05% of Transaction Amount |
Administration Fee |
0.002% of Transaction Amount |
Custody Fee |
Free |
China Shenzhen B Shares (Trading Currency:HKD) |
Brokerage |
0.30% of Transaction Amount (Min. HKD150 whichever higher) |
Stamp Duty |
0.1% of Transaction Amount (SELL trade only) |
Levy |
0.00687% of Transaction Amount |
Settlement Fee |
0.05% of Transaction Amount ( Max. HKD500 ) |
Custody Fee |
Free |
Malaysia Shares |
Brokerage |
0.30% of Transaction Amount (Min. MYR75, whichever higher) |
Stamp Duty |
0.1% of Transaction Amount (Round up to the latest integer) (Max. MYR200)
##Effective from 01 MARCH 2018, some securities are exempted by Malaysia Government from paying stamp duty.
|
Clearing Fee |
0.03% of Transaction Amount (Max. MYR1,000) |
Custody Fee |
Free |
Sales and Service Tax |
6.0% of Brokerage amount as above (Effective from 1st MARCH 2019) |
Indonesia Shares |
Brokerage (Online or Mobile Apps) |
0.35% of Transaction Amount (Min. IDR 200,000 whichever higher) |
Brokerage (Offline) |
0.40% of Transaction Amount (Min. IDR 200,000 whichever higher) |
Exchange Fees |
0.0430% of Transaction Amount |
VAT |
10% of Brokerage amount as above |
Withholding Tax (SELL side only) |
0.10% of Transaction Amount (SELL side only) |
Custody Fee |
Free |
Philippine Shares |
Brokerage |
0.60% of Transaction Amount ( Min. PESO2,000 ) |
VAT Tax |
12% of Brokerage amount as above (Min. PESO20) |
Sales Tax |
0.6% of Transaction Amount ( SELL trade only ) |
Bangko Sentral Registration Document (BSRD) fee |
flat rate1,000 PHP (To be charged per side per stock each trading day) |
SCCP Fee |
0.01% of Transaction Amount |
Custody Fee |
Free |
Taiwan Shares |
Brokerage |
0.25% of Transaction Amount ( Min. commission TWD600 ) |
Sales Tax(Only limit to sell orders) |
0.3% of Transaction Amount for ordinary shares 0.1% of Transaction Amount for Exchange Traded Fund listing at Taiwan Exchange |
Trading Fee(Custodian Bank) |
TWD250 (To be charged per side per stock code per settlement currency per order channel each trading day) |
Custody Fee |
0.12% p.a. Porfolio amount x 0.12% / 12 ( Min. charge HKD55 per month) |
U.K. Shares |
Brokerage |
0.50% per transaction amount less than or equal to 30,000 0.45% per transaction amount greater than 30,000 or Min. commission (GBP48 or USD78 or EUR60) per trade, whichever higher |
Stamp Duty |
0.5% of Transaction Amount (For BUY trade only) |
Other transaction fees (if applicable) |
PTM Levy, if applicable Flat rate GBP1.00 ( applicable for some U.K. stock with transaction amount more than GBP10,000 ) Securities clearing system settlement fees, if applicable. |
Custody Fee |
Free |
NYSE EURONEXT Shares(Netherlands, Belgium,France, Portugal) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR20 or GBP17 per trade |
Other transaction fees(if applicable) |
Different based on the policy per country above; Please contact our Foreign Stock Department (852) 2277 6678 for details. |
Custody Fee |
Free |
Germany Shares |
Brokerage |
XETRA Frankfurt |
0.29% of Transaction Amount or Min. commission EUR30 per trade ( standard pricing not applicable for clients with special agreement ) |
|
Other transaction fees(if applicable) |
Different based on the policy per exchange in Germany;Please contact our Foreign Stock Department (852) 2277 6678 for details. |
Custody Fee |
0.05% p.a. German stock portfolio value x 0.05% / 12 ( Minimum Fees EUR 1.0 ; payable in next calendar month ) |
Switzerland Shares ( SIX ) |
Brokerage |
0.30% of Transaction Amount or Min. commission CHF45 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Turkey Shares ( IMKB ) |
Brokerage |
0.30% of Transaction Amount or Min. commission Turkish Lira(TRY) 33 per trade (Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency) |
VAT Fee |
5.0 % of Brokerage amount as above |
Custody Fee |
Free |
Finland Shares ( NASDAQ OMX Nordic ) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR28 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Ireland Shares ( ISE ) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR28 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Sweden Shares ( NASDAQ OMX Nordic ) |
Brokerage |
0.30% of Transaction Amount or Min. commission Swedish Krona(SEK) 180 per trade (Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency)
|
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Custody Fee 0.05% p.a. Sweden stock portfolio value x 0.05% / 12 (Minimum Fees SEK 1.0 ; payable end of each month ) *The fee is effective on 1st October 2020 |